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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 46,343 $ 46,817
Restricted cash 1,862 1,856
Accounts receivable, net 107,169 183,815
Prepaid expenses and other current assets 30,668 35,407
Total current assets 186,042 267,895
Digital assets 6,850,879 3,626,476
Property and equipment, net 27,517 28,941
Right-of-use assets 55,308 57,343
Deposits and other assets 51,109 24,300
Deferred tax assets, net 1,172,726 757,573
Total assets 8,343,581 4,762,528
Current liabilities:    
Accounts payable, accrued expenses, and operating lease liabilities 45,714 43,090
Accrued compensation and employee benefits 51,686 50,045
Accrued interest 5,800 1,493
Current portion of long-term debt, net 509 483
Deferred revenue and advance payments 184,402 228,162
Total current liabilities 288,111 323,273
Long-term debt, net 4,211,949 2,182,108
Deferred revenue and advance payments 6,344 8,524
Operating lease liabilities 57,495 61,086
Other long-term liabilities 5,676 22,208
Deferred tax liabilities 357 357
Total liabilities 4,569,932 2,597,556
Commitments and Contingencies
Stockholders' Equity    
Preferred stock undesignated, $0.001 par value; 5,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 6,060,206 3,957,728
Treasury stock, at cost; [8,684] shares and 8,684 shares, respectively (782,104) (782,104)
Accumulated other comprehensive loss (9,580) (11,444)
Accumulated deficit (1,495,085) (999,234)
Total stockholders' equity 3,773,649 2,164,972
Total liabilities and stockholders' equity 8,343,581 4,762,528
Class A    
Stockholders' Equity    
Common stock 192 24
Class B Convertible    
Stockholders' Equity    
Common stock $ 20 $ 2